...says Saudi billionaire investor Prince Alwaleed bin Talal. He added,
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]... I just don't believe in this bitcoin thing. I think it's just going to implode one day. I think this is Enron in the making..."
Read more of it here:
https://www.c[Suspicious link removed]m/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
What do you think guys? Does his opinion have any real or historical basis? Or is his just a misinformed opinion?
(Note: I know that this post should probably be in the child board
Press, but most of the stuff going on there are just news postings and not much else. I just want to know your informed and intelligent take on his opinion. Thanks.)
Just for that reason Prince Alwaleed argues that Bitcoin is Enron in the making? that is in contrast to my opinion because I think not regulated, not under control, and not under the supervision of any central bank is the Bitcoin strength